Transferring assets
Use this procedure to transfer a whole asset or
part of an asset.
- Select Manage Assets.
- On the Released tab, open an asset record.
- Click Transfer.
-
Specify this information:
- Transfer Quantity
- You can override quantity of the asset.
- Transfer Date
- Select the effective date of the asset transfer. The asset's transfer date cannot occur before the asset purchasing date.
- Company
- You can override the company number.
- Tag Number
- Specify the tag number for the asset.
- Asset Group
- Select the asset group of the asset.
- Location
- Select the location of the asset.
- Division
- Select the division of the asset.
- Asset Type
- You can override a type and subtype of the asset.
- Asset Account Group
- You can override the account group of the asset.
- Asset Dimension Group
- You can override the transaction dimension group of the asset.
- Default Transaction Dimensions
- Specify the account information in the default transaction dimensions.
- Asset Owner
- Select the asset owner.
- Depreciation Expense
- Select the project for the depreciation expense.
- Asset
- Select the project for the asset.
- Click Next.
- Select whether to release the transfer, reset the transfer, or continue the transfer, leaving the asset in Progress status.